Start by joining 1 Million Women's Carbon Challenge and taking direct action to reduce your carbon footprint. IT is without a doubt that Nigeria’s primary resource of revenue, oil, has dipped in the international market due to global politics and increased production of hitherto oil-buying nations. We're switching our banks, super or pension funds if they invest in coal, oil or gas and we're sending an open letter to the world's leading financial institutions that are funding fossil fuels to tell them to stop! To materialise this promise to improve and change the condition of things in Nigeria, the current administration, through the party’s ideological framework, has applied divergent measures to ignite an independent and export-inclined economy. It is only a matter of time, although how much time remains is subject to considerable discussion and debate. As extremely high paying oil jobs transition into a more transit, financial, and service industry many fear that oil-funded government programs will end. It is quite a common knowledge that severity, sometimes, is the price to pay for greatness. Recent Multimedia Items. The APC promised an overhauling change in all the diverse retrogressive characters of the country’s governance. Oshiomhole’s envisioning of a future without oil and the education he provided on why Nigeria must urgently address issues hindering growth in other sectors and promoting overreliance on a single source, serve as an abiding faith of the party’s promise to present an alternative to snail-paced development, lack of accountability and a painful lack of sense of direction witnessed in the previous administration before it was ushered in to power in 2015. Oil is one of the world’s major energy sources, yet the demand for oil is falling, not only as a result of the pandemic, but more importantly, as a result of the move by countries to focus on zero carbon energy sources. Nevertheless, he is certain, “solar and wind will be two major sources that will provide us with sustainable e… Young Canadians more likely to see a future without oil and gas. One of these many measures is the latest policy to close all Nigerian land borders, hence drastically decreasing the nation’s dependence on foreign importation of goods that can easily be produced in the country. A future without change: What happens if the oil and gas sector doesn’t reform? … Saudi Arabia Looks to Future Without Oil UNFCCC Nav. Crude oil entered a bear market in June 2014 when the price was just under $108 per barrel on the active month NYMEX crude oil futures contract. This is just one example of the way in which bacteria could support a future without oil. Finally, materialising this ambition, history will remember that under the party leadership of Comrade Oshiomhole, and the committed presidency of Muhammadu Buhari, much verbal promise was, finally, put into fruitful action. Saudi Arabia’s cabinet approved Vision 2030 on Monday, a package of economic reforms designed to reduce dependence on oil revenues. Oshiomhole’s envisioning of a future without oil and the education he provided on why Nigeria must urgently address issues hindering growth in … You can then react them together and then stick them together and the little units stick together. Transition to a fossil free transport system Kazlauskaite, Laura LU In IIIEE Master Thesis IMEN41 20101 The International Institute for Industrial Environmental Economics. 2011. Readers Question: What would a world without oil look like? Mark; Abstract Due to reasons such as climate change and fuel security, the Skåne County have arrived at a clear political vision to become fossil-free. Lords of Water. The oil and gas sector has been pivotal to the global economy for more than a century. Such philosophy applies to this same situation currently trending in Nigeria, but solace is to be taken from the benefits obtainable from export capable economy and a country that can feed itself without necessarily shipping away its wealth to Asian nations like Thailand, Vietnam, etc., just to import a commodity that can be produced and processed in the country’s vast wealth of arable lands. Under certain conditions, it might even come true. During a recent visit by a delegation from the Vietnam government led by its deputy prime minister, the partly said the new policies of President Buhari were aimed at structuring trade negotiations and cutting beneficial deals for Nigerians and Nigerian businesses. With the Expo 2020 expected to attract 22 million tourists, a diversified, robust economy and projects scheduled worth billions of dollars, the future looks bright, with or without oil. The first picture Atwood presents to us is optimistic and assumes that the world heeds the warnings of climate change. This Christmas season I had intended to engage in a critical investigation of religion given the powerful theological si... By Douglas Anele It must be admitted that throughout history individuals in positions of power and influence, especially... By Denrele Animasaun ‘The writer cannot be a mere storyteller; he cannot be a mere teacher; he cannot merely x-ray socie... 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", These pictures prompt us to stop and ask ourselves, "What is the future that we wish to create for ourselves? Whilst the party and government have hitherto been seen as different entities, Oshiomhole, through credible leadership, has bridged the divide, using tact and diplomacy to ensure that elected officials on the platform of the APC remain true to the party’s promises and guiding principles. Everything would immediately come to … IT is suicidal to pretend about it: Nigeria is on fire over insecurity. Suppose a bad fairy waves his wand, and poof! “If you imagine the oil drying up tomorrow, with what will you pay for your imported rice or smuggled rice?” Oshiomhole asked. April 20, 2020 will go down in oil-market history as the day when the U.S. benchmark price for crude dropped below zero for the first time -- and then kept falling. Suddenly there’s no oil, anywhere, at all. Image: Flickr/Ash Carter/Senior Master Sgt. By Robert F. Service Sep. 19, 2019 , 9:45 AM. You break up long chains, and you tend to get small gases, things like ethane. Saudi Arabia Looks to Future Without Oil. Nigeria’s immediate future looks bleak without oil revenue—it doesn’t have to be that way REUTERS/Akintunde Akinleye The Dangote Oil Refinery under construction outside Lagos. Emotionally laden arguments have been made against shutting the land borders, pointing towards hardship and daily struggles of Nigerians. They are the co-authors of “Life Without Oil: Why We Must Shift to a New Energy Future.” Read more from Outlook , friend us on Facebook , and follow us on Twitter . A Future Without Oil . More or less. Adjustable Feature: Contract language that allows adjustments to be made to the premium and commission features of a reinsurance treaty. Do NOT follow this link or you will be banned from the site. Comrade Oshiomhole reechoed the party’s commitment to this plan and their focus on readying Nigeria for a potential future where reliance on oil is reduced to insulate the country from what has now become a seasonal economic shock. “And all those economic saboteurs, foreigners, of which there are Nigerian collaborators, who are using foreign and neighbouring ports to compromise the economy, of Nigeria, they are enemy of this country, we cannot weep for them. They form long polymers which is what And since it's bound to run out eventually, and since cheap oil is already a thing of the past, we ought to be investing a lot of time, effort, and money in ways to replace it.". Robinson, Michael F. Interview with Kate Brown, author of Manual for Survival: A Chernobyl Guide to the Future. As she describes, "It's comforting. Nigerians, old and young, using their votes, gave the party the express approval to proceed with the Next Level agenda, and the administration of President Muhammadu Buhari, with full support of the party, has remained faithful to this promise, beginning with the border closures meant to restore order in the areas of import and export, and prevent smugglers and other economic saboteurs from crippling local production and growth. Future without oil. Oil is currently the most important commodity. When you get back from work, you open the door and walk in, what do you see? Beyond BP: A Future Without Oil. It has created employment and enabled personal freedom on an unprecedented scale. ", As Atwood writes, "Picture Two is extreme, and also unlikely, but it exposes the truth: we're hooked on oil, and without it we can't do much of anything. Jérôme Fritel; 2019; This documentary investigates the financialization of water by banks, investment funds and hedge funds, a battle taking place on many fronts: ideological, political, environmental, and economic. Will you take the pledge to switch your bank, super or pension fund if they invest in fossil fuels? “So the All Progressives Congress stands firm, in backing the government policy – the borders will remain closed, even if it remains closed for the next couple of years, till our neighbours begin to respect the rules of fair trade,” he said. An adjustable feature may … 6 ways your life would be different without oil and gas Blog / Economy / Operations December 10, 2014 You probably already know that oil and gas products fuel cars and heat homes – 94 per cent of transportation demand in Canada is supplied by refined petroleum products and more than half of Canadian homes are heated by natural gas. Andreas Wagner poetically termed the tackling of challenges related to climate change as “our generation’s moon landing”, saying that we need “enormous efforts globally to build a future beyond fossil fuels and prevent a climate change disaster”. Interview with David Munns, author of Engineering the Environment. ", The second is more frightening: "Suppose the future without oil arrives very quickly. Hamilton, Brian. World Without Oil (WWO) is an alternate reality game (ARG) created to call attention to, spark dialogue about, plan for and engineer solutions to a possible near-future global oil shortage, post peak oil.It was the creation of San Jose game writer and designer Ken Eklund, and ARG veterans Jane McGonigal, Dee Cook, Marie Lamb, Michelle Senderhauf, and Krystyn Wells were on the puppetmaster team. To drive his point home on the importance of achieving a diversified economy and weaning the nation off its reliance on oil, Comrade Oshiomhole shifted focus to the future and drew the attention of journalists present to the warnings of experts, predicting more economic turbulence for oil-producing countries without a diversified economy.   Crude Oil Futures Trends . We're building a movement of women fighting climate change through the way we live. 2010. Anna Okon Stakeholders in the real sector have said that the time has come for Nigeria to develop along the non-oil sector and build a future without oil. Since this is the Business/Economy page, very little will be said about security. Most of the plastics that we use at the moment are manufactured from oil. Prior to the discovery of a commercial quantity of oil in Nigeria, the country was widely recognised and famed for her large scale exportation of cash and food crops and all other agricultural products. The policy will also boost the agricultural sector, finally giving life to the old and recurring campaign promise of diversifying Nigeria’s economy. Suppose a bad fairy waves his wand, and poof! Download Vanguard News App. The stakeholders spoke at … Suppose the future without oil arrives very quickly. It is vital to transport (air, sea, road and rail) and also the production of goods like tar and plastic. Renewable fuels such as ethanol and biodiesel hold the greatest promise of immediately reducing oil consumption because they are available today for use in existing vehicles. Today, her piece is just as relevant as ever, and presents to us two possible futures for an Earth when fossil fuels run out. (vitag.Init = window.vitag.Init || []).push(function(){viAPItag.display("vi_949932995")}). Can the world make the chemicals it needs without oil? One of those was the extreme concentration on one resource and revenue source – oil – and an import intensive economy. Valid and touching as these opinions may be, logic and stronger permutations suggest that closing the border is a wise initiative, especially in consideration of the not-too-distant benefits that will accrue from the policy. Can you cut 1 Tonne of carbon pollution out of your life? By February 2016, the price depreciated to under $30 per barrel, and in January 2019, the price was trending around $53.84 per barrel for WTI Crude. Without oil, … “The All Progressives Congress stands firm in backing the government policy,” Comrade Oshiomhole emphasized, hinting once again at the smooth ideological blend between the ruling party and government for a cohesive and effective national approach to important issues bordering on trade, economy, security and welfare of the people. But since the Middle East has spent much of the 20th century raking in oil wealth, there is considerably worry about the future for the youth. Particular remarks have been made concerning the most widely consumed grain in Nigeria, rice. ... What does that mean for the rest of us, as we pursue a future free of fossil fuels? Yet, the picture we are confronted with is different: demand for fossil fuels keeps growing. This is just one example of the way in which bacteria could support a future without oil. Technical Feedback: whatsapp 08023469027 Out of an oil refinery you can cook up crude oil very hot and get some useful gases. READ our Privacy-policy and cookie policy. An uninspiring space? Evidently, the APC is guided by an ideological spine, consistency and commitment to the realisation of such ideals that are premised on the eradication of poverty, infrastructure development, ending endemic corruption and upholding the sovereignty and territorial integrity of Nigeria through the neutralisation of all security and economic threats. In 2009, Margaret Atwood wrote a piece for German newspaper Die Zeit called "The Future Without Oil." Suddenly there's no oil, anywhere, at all. This decline, made worse by the failure of the previous administrations to save for the rainy day, has impacted negatively on the nation’s balance sheet and financial strength. Is this the future of a world without oil? Read article in Climate Home. By extension, this border-shutting policy will encourage and shock-start the dormant local production sector of the economy. Oil has no future. Fighting climate change through our everyday lives, The first picture Atwood presents to us is optimistic and assumes that the world heeds the warnings of climate change. Sort of. This is just one example of the way in which bacteria could support a future without oil. A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc. READ THIS NEXT: It's time to take global action to save the planet, Banner image: Philippe Desmazes/AFP/Getty Images. Black, gooey, greasy oil is the starting material for more than just transportation fuel. Article / 27 Apr, 2016 . Identifying this problem, the All Progressives Congress, under the leadership of Comrade Adams Oshiomhole, proposed important, albeit difficult, reforms to the people on ways to achieve self-sustenance and boost the revenue generated from sectors such as agriculture and manufacturing for economic growth, protection of sovereignty and eradication of poverty. An oil refinery you can cook up crude oil very hot and get some gases! Door and walk in, What do you see the chemicals it needs oil. 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